29 October 2020
Jarvis Securities plc
("Jarvis" or "the Company")
Result of EGM
The Board of Jarvis announces that at its Extraordinary General Meeting held earlier today, the resolution put to shareholders was duly approved, with 99.9% of the 5,863,952 votes received, in favour. The capital reorganisation (the 'Reorganisation') will be effective from 6 p.m. today and the New Ordinary Shares will admit to trading 8 a.m. on 30th October 2020..
The Reorganisation is the subdivision of each of the Company's issued and unissued ordinary shares of £0.01 each into 4 ordinary shares of £0.0025 each.
Number of Ordinary Shares prior to the subdivision |
11,182,750 |
Number of New Ordinary Shares after the subdivision |
44,731,000 (4 New Ordinary Shares issued for every 1 Ordinary share) |
ENDS
Enquiries:
Jarvis Securities plc 01892 510 515
Andrew Grant
Jolyon Head
WH Ireland Limited 0113 394 6600
Katy Mitchell
Darshan Patel
Notes:
Jarvis Securities plc is the holding company for Jarvis Investment Management Limited (AIM: JIM.L) a stock broking company and outsourced service provider for bespoke tailored financial administration. Jarvis was established in 1984 and is a member of the London Stock Exchange; a broker dealer member of NEX Exchange, authorised and regulated by the Financial Conduct Authority and an HM Revenue & Customs approved ISA manager. As well as normal retail broking Jarvis provides cost effective and flexible share trading facilities within ISA and SIPP wrappers.
Jarvis provides outsourced and partnered financial administration services to a number of third party organisations. These organisations include advisers, stockbrokers, banks and fund managers. Jarvis can tailor its administration processes to the requirements of each organisation and has a strong reputation for flexibility and cost-effectiveness.